ÜBER DIESE EPISODE
In this episode of the Planet MicroCap Podcast, I spoke with Chris Mayer, Author of the new book, "The Investor’s Odyssey: Resisting the Sirens and Playing the Long Game", to dig into why finding great companies is only half the battle - and why keeping them is where most investors lose the war.
We break down how the Odyssey became the perfect metaphor for long-term investing, what the sirens look like in today’s market, why the harder problem was never finding the hundred-bagger but holding through the drawdowns, and what commitment devices actually work for staying tied to the mast when everything around you is screaming to sell. We also get into how AI is changing the calculus on moats, when selling is the right answer and not a siren at all, and what Ithaca really means for a long-term investor.
To get your copy of "The Investor's Odyssey", please visit: https://a.co/d/06FIKVuw
Chapters:
00:00 Why holding a 100-bagger is harder than finding one
04:04 The drawdowns and long plateaus that test investors
06:13 How the Odyssey metaphor shaped Mayer’s investing
10:33 Today’s sirens: market chatter and fear of missing out
13:13 Commitment devices: tie yourself to the mast
16:08 Why business quality comes before management
18:07 Retail investors, trading apps, and endless distractions
20:08 Staying invested through regimes, peaks, and index rallies
23:51 Are investors now in the sirens’ episode?
29:00 Interest rates, valuation, and why early is overrated
32:05 When selling is a sound decision
34:17 AI, business change, and Mayer’s own investing challenge
37:48 Ithaca: freedom, curiosity, and control of your time
39:16 A recommended book and final investing advice
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This presentation is for informational purposes only and should not be construed as a recommendation to purchase or sell any security referenced herein. Planet MicroCap Holdings LLC and MicroCapClub LLC (collectively, “we” or “our”) are not licensed brokers nor registered investment advisors. We, our partners, contractors, members, subscribers, guests, or affiliates may or may not hold positions in one or more of the securities mentioned in this presentation and may trade in such securities at any time. We may have received cash compensation from one or more participants for presenting at past, present, or future events. We recommend you consult a licensed investment adviser, broker, or legal counsel before purchasing or selling any securities referenced in this presentation.
